Managing Your Warehouse in the Correct WayThe industrial sector is made up of several different departments and sections and like a well-oiled machine, it is only when these sections work together smoothly, can any profit be gained. But even still, people have this habit of disregarding any other department save for the main one. Wherein fact, if even one of them was neglected and stops functioning properly, then it can cause trouble or loss to the company.
An important yet unnoticed area is that of the supply chain system. The supply chain in India is basically a structure made from the joint working of people, functions, assets, resources and functions who are responsible with the transport of the all the raw materials from the suppliers to the factory and then the moving of finished product to the consumers.
As said earlier, that the success of any company is dependent on how evenly all these different areas work together. Supply chain for that matter, comprises of a big part in this entire demand and supply game, and thus should not be relegated to the side-lines. Now, one of the sectors within the supply chain system is that of the warehouse.
A properly managed warehouse can work wonders for the production level that a company wants to reach. Even the industrial real estate in India is interested in the construction and usage of warehouses. A warehouse has a lot of functions that it provides, such as a place to store any and all raw materials, finished products before they are shipped off to the seller, any bulk items, and even space to produce the items. A corporation can find a warehouse space in Chennai, Delhi or Pune with ease in today’s time. There are many firms that are also in the business of developing warehouses according to the specific condition required by each individual organization.
In warehouses itself, there are options on whether to outright purchase one or to rent as. Both the options have their advantages and negatives, which the company has to decide on which route to go.
Some organizations also hire an outside industrial real estate developer to construct a whole new and customized warehouse fit for the needs of that particular company. Where on the other hand, a company could also go the way of getting an already existing warehouse either buy it or rent it, especially if it is just for a short term period.
Acquiring a warehouse is not as difficult as one might think it to be. The market has a lot of varied options that one can choose from, but the real problem comes in the proper management of these warehouses. The main cause of the success of a company is its efficiency, the more efficient and quick it is in getting the product to the consumer, the better their sales will be.
A lot of the time, a company has the best resources and materials, a good workforce, and a good idea for the product, but a poorly managed warehouse space can cause loss to the company.
In order to prevent that, here are a few tips that a company can use:
1.Good Floor Plan:Getting the floor plan right and using it to maximise the potential of that warehouse is of the utmost importance. Whether one has gotten a manufacturing space for lease or bought it, the floor plan must be created in a way that will use all the space that is available without making space an issue.
2.Time an Item is Stored:To gain good usage out of a warehouse in India, it would be advisable that the company times how long an item or product stays in the warehouse. If an item stays too long then it cause troubles for space for other new items.
3.Timely Inventory:Last but not the least it that a good track of the good stored, how long to store them and any new items that might be coming must kept. Any warehouse space in Delhi or Chennai or anywhere else must have a good record keepe
An important yet unnoticed area is that of the supply chain system. The supply chain in India is basically a structure made from the joint working of people, functions, assets, resources and functions who are responsible with the transport of the all the raw materials from the suppliers to the factory and then the moving of finished product to the consumers.
As said earlier, that the success of any company is dependent on how evenly all these different areas work together. Supply chain for that matter, comprises of a big part in this entire demand and supply game, and thus should not be relegated to the side-lines. Now, one of the sectors within the supply chain system is that of the warehouse.
A properly managed warehouse can work wonders for the production level that a company wants to reach. Even the industrial real estate in India is interested in the construction and usage of warehouses. A warehouse has a lot of functions that it provides, such as a place to store any and all raw materials, finished products before they are shipped off to the seller, any bulk items, and even space to produce the items. A corporation can find a warehouse space in Chennai, Delhi or Pune with ease in today’s time. There are many firms that are also in the business of developing warehouses according to the specific condition required by each individual organization.
In warehouses itself, there are options on whether to outright purchase one or to rent as. Both the options have their advantages and negatives, which the company has to decide on which route to go.
Some organizations also hire an outside industrial real estate developer to construct a whole new and customized warehouse fit for the needs of that particular company. Where on the other hand, a company could also go the way of getting an already existing warehouse either buy it or rent it, especially if it is just for a short term period.
Acquiring a warehouse is not as difficult as one might think it to be. The market has a lot of varied options that one can choose from, but the real problem comes in the proper management of these warehouses. The main cause of the success of a company is its efficiency, the more efficient and quick it is in getting the product to the consumer, the better their sales will be.
A lot of the time, a company has the best resources and materials, a good workforce, and a good idea for the product, but a poorly managed warehouse space can cause loss to the company.
In order to prevent that, here are a few tips that a company can use:
1.Good Floor Plan:Getting the floor plan right and using it to maximise the potential of that warehouse is of the utmost importance. Whether one has gotten a manufacturing space for lease or bought it, the floor plan must be created in a way that will use all the space that is available without making space an issue.
2.Time an Item is Stored:To gain good usage out of a warehouse in India, it would be advisable that the company times how long an item or product stays in the warehouse. If an item stays too long then it cause troubles for space for other new items.
3.Timely Inventory:Last but not the least it that a good track of the good stored, how long to store them and any new items that might be coming must kept. Any warehouse space in Delhi or Chennai or anywhere else must have a good record keepe